Franklin, WV is a great place to live with a median housing value of $165,400. This is significantly lower than the US median housing value of $338,100. In addition, the 1 year house appreciation in Franklin is 9.82%, which is higher than the US average of 8.27%. This makes Franklin an attractive option for anyone looking to buy or invest in property for the long term as there is potential for significant gains in home values over the next few years.
The median home cost in Franklin is $165,400. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Franklin is up 12.1%.
Average Age of Homes
- The median age of Franklin real estate is 39 years old
The Rental Market in Franklin
- Renters make up 26.2% of the Franklin population
- 3.7% of houses and apartments in Franklin, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.